3,356 Shares in BancFirst Co. (NASDAQ:BANF) Acquired by Impact Capital Partners LLC

Impact Capital Partners LLC purchased a new position in shares of BancFirst Co. (NASDAQ:BANF - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,356 shares of the bank's stock, valued at approximately $393,000.

Several other large investors have also modified their holdings of BANF. Amalgamated Bank lifted its position in shares of BancFirst by 26.2% during the third quarter. Amalgamated Bank now owns 5,827 shares of the bank's stock worth $613,000 after purchasing an additional 1,211 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of BancFirst by 40.2% during the third quarter. Principal Financial Group Inc. now owns 101,276 shares of the bank's stock worth $10,659,000 after purchasing an additional 29,050 shares during the last quarter. Atria Investments Inc lifted its position in shares of BancFirst by 18.5% during the third quarter. Atria Investments Inc now owns 10,458 shares of the bank's stock worth $1,101,000 after purchasing an additional 1,636 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in shares of BancFirst by 25.2% during the third quarter. Los Angeles Capital Management LLC now owns 19,725 shares of the bank's stock worth $2,076,000 after purchasing an additional 3,975 shares during the last quarter. Finally, Entropy Technologies LP bought a new position in shares of BancFirst during the third quarter worth about $305,000. Institutional investors own 51.72% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Keefe, Bruyette & Woods increased their price target on shares of BancFirst from $117.00 to $135.00 and gave the stock a "market perform" rating in a research report on Wednesday, December 4th. StockNews.com raised shares of BancFirst from a "sell" rating to a "hold" rating in a report on Monday, March 3rd.

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Insider Activity at BancFirst

In related news, EVP Darryl Schmidt sold 5,000 shares of the firm's stock in a transaction that occurred on Tuesday, February 11th. The shares were sold at an average price of $122.06, for a total transaction of $610,300.00. Following the transaction, the executive vice president now owns 43,564 shares in the company, valued at $5,317,421.84. This trade represents a 10.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William Scott Martin sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of $119.13, for a total transaction of $1,191,300.00. Following the transaction, the director now owns 214,499 shares in the company, valued at $25,553,265.87. This represents a 4.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,000 shares of company stock worth $2,994,350 over the last quarter. 33.89% of the stock is currently owned by company insiders.

BancFirst Stock Performance

NASDAQ BANF traded down $0.78 during trading hours on Tuesday, reaching $110.35. The company's stock had a trading volume of 85,062 shares, compared to its average volume of 91,590. The business has a 50-day simple moving average of $117.08 and a 200 day simple moving average of $115.43. BancFirst Co. has a 52 week low of $81.21 and a 52 week high of $132.29. The stock has a market cap of $3.67 billion, a PE ratio of 17.14 and a beta of 1.03. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05.

BancFirst (NASDAQ:BANF - Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The bank reported $1.68 EPS for the quarter, beating the consensus estimate of $1.61 by $0.07. BancFirst had a net margin of 23.52% and a return on equity of 14.21%. Equities research analysts predict that BancFirst Co. will post 6.52 earnings per share for the current fiscal year.

BancFirst Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a dividend of $0.46 per share. The ex-dividend date is Monday, March 31st. This represents a $1.84 dividend on an annualized basis and a dividend yield of 1.67%. BancFirst's dividend payout ratio is presently 28.57%.

BancFirst Profile

BancFirst Corporation operates as the bank holding company for BancFirst that provides a range of commercial banking services to retail customers, and small to medium-sized businesses. The company operates through BancFirst Metropolitan Banks, BancFirst Community Banks, Pegasus, Worthington, and Other Financial Services segments.